Industry News & Announcements
Timely updates on major developments, regulatory shifts, partnerships, and events impacting the debt collection and financial services landscape.
The U.S. Small Business Administration (SBA) has suspended 7,800 borrowers in Wisconsin who are allegedly connected to approximately $375
The Canadian Home Improvement Credit Corporation (CHICC) has agreed to refund approximately C$113,000 to affected consumers in British Columbia following
Court Case Snapshot Case Name: Arizona ex rel. Mayes v. Michael D. Lansky, L.L.C., et al. Court: U.S. District Court
State and local courts across the United States continued to experience a sharp increase in consumer debt collection lawsuits
The New York City Department of Consumer and Worker Protection (DCWP) has postponed the implementation of its SHIELD Rule
Massachusetts Governor Maura Healey has proposed new regulations that would prevent certain healthcare providers and the debt collectors working
Hawaii has launched a new medical debt relief program that is expected to eliminate about $91 million in medical
South Korea is moving to curb a long-standing debt collection practice that has allowed financial institutions to extend the
A major restructuring of the federal student loan system may soon be written into law. House Republicans have introduced
Case Snapshot Court: U.S. Court of Appeals for the Seventh Circuit Case: Steidinger v. Blackstone Medical Services, No. 25-2398
Merchants Bank of Indiana has filed an interpleader action in federal court after receiving conflicting demands over more than
Case Snapshot Court: U.S. District Court for the District of Delaware Case: Neal v. Transworld Systems, Inc. Decision Date:
A growing number of U.S. states are adopting new laws to ease the burden of medical debt as millions
Millions of federal student loan borrowers are entering a new repayment system after the Saving on a Valuable Education
Case Snapshot Case: McCormick v. Texakoma Financial, Inc. Court: U.S. District Court for the Eastern District of Texas Decision
Artificial intelligence regulation is entering a new phase as policymakers, technology companies, courts, and content creators continue to debate
Case Snapshot Case: Gaines v. LPC Survival, Ltd., No. 2:25-cv-08495 (C.D. Cal. June 16, 2026) Court: U.S. District Court
The American Bankers Association, National Consumer Law Center, and ACA International have asked the FCC to revise its TCPA "revoke
The House Financial Services Committee has advanced three banking-related bills backed by the American Bankers Association (ABA), moving forward proposals
Case Snapshot Court: U.S. District Court for the Middle District of Alabama Case: Knox v. Maximus Education, LLC Settlement Amount:
A federal appeals court has ruled that Allstate Insurance Company cannot be held liable under the Telephone Consumer Protection Act
Relief has introduced new tools designed to help consumers monitor debt collection activity and respond to qualifying legal matters,
Metro Atlanta recorded the highest number of per-capita debt collection complaints among major metropolitan areas in the United States
Illinois Governor J.B. Pritzker has signed legislation designed to protect homeowners from losing their primary residences because of unpaid
Case Snapshot Location: Kansas, United States Court: U.S. District Court for the District of Kansas Case: Mayhew v. Home Care
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Latest News
- South Korean Loan Shark Sentenced After Charging Interest Rates as High as 6,083%
- Legacy Mortgage Faces Lawsuit Over Alleged Collection of Discharged Debt
- Amazon Agrees to $2.25M Settlement Over Alleged FCRA Violations
- Capital One Faces Florida Class Action Over Alleged Late-Night Debt Collection Calls
- Australian Debt Collector Pays $59,400 After Regulator Raises Harassment, Misleading Notice Concerns